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Market News and Analysis
Precious Metals
Thu, 28 Mar 2013 07:45:07 GMT
Precious metals except for silver advanced on Wednesday as ongoing
political instability in Italy boosted safe-haven appeal of the
commodity sector. Weaker US Dollar also supported the commodity group.
Meanwhile, >>
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Palladium up as biggest producers create trading bloc
Thu, 28 Mar 2013 07:34:06 GMT
Precious metals except for silver advanced on Wednesday as ongoing political instability in Italy boosted safe-haven appeal of the commodity sector. Weaker US Dollar also supported the commodity group. Meanwhile, >>
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Morning Press Review
Thu, 28 Mar 2013 07:23:06 GMT
Stay informed about the latest news on the economy, politics, FX by reading our press review with top videos and comments from world's leading financial bloggers.To view this report in >>
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Japan retail sales decline in February
Thu, 28 Mar 2013 07:12:39 GMT
Japan retail sales fell more than expected in February, declining by 2.3% from a year earlier following a 1.1% drop the previous month, according to the Ministry of Economy, Trade >>
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Kumiko Gervaise, FX Market Analyst at Gaitame.com Research Institute, on USD/JPY and EUR/JPY
Wed, 27 Mar 2013 17:18:09 GMT
One of the key events is the BOJ monetary policy meeting that will take place from 3 to 4 April. This is the first meeting for the new BOJ Governor >>
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Raw sugar in New York slips to 5-week low
Wed, 27 Mar 2013 17:07:14 GMT
Raw sugar futures traded in New York decreased to its weakest level in five weeks on Wednesday, while its futures traded in London dropped amid speculation that Brazil's new crop >>
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Pound hit six-week high on Wednesday
Wed, 27 Mar 2013 16:56:06 GMT
The British Sterling appreciated to its highest level in six weeks against the Euro as a demand for the U.K. currency as a haven asset was boosted by the funding >>
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European shares drop amid stake sales on Wednesday
Wed, 27 Mar 2013 16:45:10 GMT
Equities in Europe tumbled on Wednesday erasing the previous gains amid stake sales of private-equity owned company TDC and two companies owned by the French and Belgium government, Safran SA >>
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NZD/USD's access to higher levels denied by 0.8393
Wed, 27 Mar 2013 16:34:52 GMT
A rebound from 0.8338/33 did not last for long, as NZD/USD has sharply dropped after a contact with 0.8393, the upper Bollinger band. >>
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USD/CAD halted by 1.0164/46
Wed, 27 Mar 2013 16:34:40 GMT
Yesterday USD/CAD subsequently broke through 1.0213, the former up-trend support line, and 1.0187/84, the monthly PP and weekly S1, signalling that if the recovery is to recommence, the bulls will >>
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AUD/USD falters ahead of 1.0518
Wed, 27 Mar 2013 16:34:31 GMT
Before AUD/USD could touch upon 1.0518, short-selling has settled in and pulled the price back down to 1.0417, revealing fragility of the current upward trend, as absence of serious resistances >>
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EUR/JPY confirmed 121.78
Wed, 27 Mar 2013 16:34:19 GMT
A shallow bullish correction from 120.27/09, which followed penetration of a support line at 121.78, is now completely pared, as it seems that the pair is willing to lose even >>
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New Zealand's business confidence eases in March
Wed, 27 Mar 2013 16:32:10 GMT
Business confidence in New Zealand slightly slowed down in the month of March, when the drop was caused by drought which hit the country's North Island and some parts of >>
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Canada's CPI rises 1.2% in February
Wed, 27 Mar 2013 16:21:09 GMT
Consumer price inflation in Canada advanced in the month of February led by an increase of prices in transportation sector, a data unveiled by the Statistics Canada showed on Wednesday. >>
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DAX Index
Wed, 27 Mar 2013 16:10:06 GMT
German stocks are trading lower on Wednesday despite positive data from the domestic economy. Only five out of 30 companies included in the gauge posted gains and one out of >>
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